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1626 Pine AvenueLong Beach, CA 90813

For Sale

$2,900,000

Smart Buyer Rebate $29,000

Renovated and current 6.99% Cap and 9.57 GRM with ADU potential! 1626 Pine Ave, Long Beach is the ideal investment opportunity for anyone looking for great cash-flow and low maintenance. All units are renovated with new floors, appliances, and fixtures. Once all units are rented at market and ADUs are built out, the property will operate at a 7.79% Cap and 8.81 GRM.

The property is comprised of (12) 1-Bed/1-Bath and (2) 2-Bed/1-Bath units. 1626 Pine Ave has 10 parking spaces on site and collects $500/month in parking income. Additionally, the property collects $200/month in laundry.

Beneficial for the new owner, the property is located just outside the $6 Billion of new development flooding into Downtown Long Beach, including the Long Beach Civic Center, Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.

Listed by Cameron Samimi

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License #02035763

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Lyon Stahl Investment Real Estate, Inc.

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310-259-7556

Last updated January 21, 2026

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Source: CRMLS #SB26013773

Listing Facts

  • TypeMulti-family
  • NeighborhoodWashington School
  • Days on Prevu9

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/21/2026
Listed by Lyon Stahl Investment Real Estate, Inc.
$2,900,000

Property Details for 1626 Pine Avenue

Association

Amenities

  • Community Features: Park, Suburban

Exterior

Construction

  • Number Of Units Total: 14
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1963
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 7,780
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,492
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,492
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $293,991.00
  • Operating Expense: $91,244.00

Taxes

  • Parcel Number: 7269011003

Other

Location

  • Tax Block: 1
  • Tax Lot: 3

Parking

Parking

  • Garage Spaces: 7
  • Garage: Yes
  • Parking Features: Door-Single, Garage Faces Front, Garage, Garage Faces Rear
  • Parking Total: 7

Utilities

Equipment

  • Heating: Radiant
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1626 Pine Avenue.

Does this multi-family home have parking?

Yes, there are 7 parking spaces available for 1626 Pine Avenue.

How does 1626 Pine Avenue compare to other multi-family homes in Washington School?

This multi-family home is listed 47% above the average price for multi-family homes in Washington School and has been on the market for 84 less days than the typical home in this area.

1626 Pine Avenue is a -bedroom multi-family home for sale in Long Beach CA 90813. Listed on Prevu for 9 days at $2,900,000. This property is located in Washington School. The median listing price for multi-family homes in this area is $1,462,500. Additional amenities include parking. View other multi-family home listings in Long Beach.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.